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NSE Monkey Rescue
Pesa Nane
#1 Posted : Tuesday, October 23, 2018 12:47:16 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
-Deacons given trading lifeline

- Floor now set at Kshs. 00.000000000


Pesa Nane plans to be shilingi when he grows up.
MugundaMan
#2 Posted : Tuesday, October 23, 2018 12:49:43 PM
Rank: Elder

Joined: 1/8/2018
Posts: 2,212
Location: DC (Dustbowl County)
Pesa Nane wrote:
-Deacons given trading lifeline

- Floor now set at Kshs. 00.000000000




Laughing out loudly

Supernyanis headed straight down to 0 will not benefit a pip from this.
Angelica _ann
#3 Posted : Tuesday, October 23, 2018 1:25:43 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Have we ever reached to this level with any stock?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Ericsson
#4 Posted : Tuesday, October 23, 2018 2:30:34 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
This is nonsense from NSE
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
muandiwambeu
#5 Posted : Tuesday, October 23, 2018 2:31:09 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
MugundaMan wrote:
Pesa Nane wrote:
-Deacons given trading lifeline

- Floor now set at Kshs. 00.000000000




Laughing out loudly

Supernyanis headed straight down to 0 will not benefit a pip from this.

This will make moves to be tight and tricky. Monkies will not enjoy rapid advances any more. Lost opportunity.Sad Sad Sad
Munia-us will not jump steady so offenly again.
,Behold, a sower went forth to sow;....
Fyatu
#6 Posted : Tuesday, October 23, 2018 2:38:49 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
Pesa Nane wrote:
-Deacons given trading lifeline

- Floor now set at Kshs. 00.000000000





What is the layman translation of this?

What does 0.01 or 0.02 or 0.0n spread mean? Kizungu mingi confuses me
Dumb money becomes dumb only when it listens to smart money
HaMaina
#7 Posted : Tuesday, October 23, 2018 3:55:26 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
I'm also lost here?? Does it mean in case of dividend announcement, the rise is set at 1% ??
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
Superprime1
#8 Posted : Tuesday, October 23, 2018 3:58:12 PM
Rank: Member

Joined: 5/2/2018
Posts: 267
Fyatu wrote:
Pesa Nane wrote:
-Deacons given trading lifeline

- Floor now set at Kshs. 00.000000000





What is the layman translation of this?

What does 0.01 or 0.02 or 0.0n spread mean? Kizungu mingi confuses me

These are the spreads/margins you'll be adjusting your bids or orders by, up to ±10%, presumably since this rule hasn't been addressed in this notice.
sparkly
#9 Posted : Tuesday, October 23, 2018 4:11:43 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Fyatu wrote:
Pesa Nane wrote:
-Deacons given trading lifeline

- Floor now set at Kshs. 00.000000000





What is the layman translation of this?

What does 0.01 or 0.02 or 0.0n spread mean? Kizungu mingi confuses me


I think it means you can buy Neveready at 0.71, 0.72, 0.73 etc instead of 0.75, 0.80, 0.85 etc
Life is short. Live passionately.
Fyatu
#10 Posted : Tuesday, October 23, 2018 4:17:41 PM
Rank: Veteran

Joined: 1/20/2011
Posts: 1,820
Location: Nakuru
Thanks @Superprime and @sparkly. If this has replaced the 10% law then we are damned.
Dumb money becomes dumb only when it listens to smart money
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